InvestorsHub Logo
Followers 37
Posts 1269
Boards Moderated 0
Alias Born 12/14/2009

Re: kindo post# 38549

Wednesday, 12/01/2010 8:45:23 AM

Wednesday, December 01, 2010 8:45:23 AM

Post# of 173216
Excellent question. And one to which no one has a good answer. There is actually more positive news and more to anticipate now than during the summer. More potential deals in play for example, rising commodity prices, more activity- ie ND ZTEM of Bonanza Hill, and so on. As good an idea as any is that there is massive MM manipulation- at the current relatively low volumes- you can see it where every pps rise is countered and brought back to a specific price- and you can also see there is strong buying interest, where the pps is brought back from every dip- but just not enough volume to overcome the MM lockdown. And why is the price being held steady by the MMs? Much speculation, but it most likely it involves the MMs working on behalf of interests who are positioning themselves and accumulating cheap shares in anticipation of the inevitable run up to come when it all comes together. Which is just another reason to be confident in the future of LBSR. It just requires more patience.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LBSR News